Innovana Thinklabs Limited

NSEI:INNOVANA Stock Report

Market Cap: ₹6.6b

Innovana Thinklabs Past Earnings Performance

Past criteria checks 2/6

Innovana Thinklabs has been growing earnings at an average annual rate of 21.3%, while the Software industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 17.8% per year. Innovana Thinklabs's return on equity is 13.1%, and it has net margins of 28.8%.

Key information

21.35%

Earnings growth rate

21.06%

EPS growth rate

Software Industry Growth22.64%
Revenue growth rate17.79%
Return on equity13.10%
Net Margin28.83%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Feb 13

Not Many Are Piling Into Innovana Thinklabs Limited (NSE:INNOVANA) Just Yet

Innovana Thinklabs Limited's ( NSE:INNOVANA ) price-to-earnings (or "P/E") ratio of 17x might make it look like a buy...
Analysis Article Jan 23

Do Innovana Thinklabs' (NSE:INNOVANA) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 09

The Returns On Capital At Innovana Thinklabs (NSE:INNOVANA) Don't Inspire Confidence

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article May 15

Innovana Thinklabs Limited (NSE:INNOVANA) Doing What It Can To Lift Shares

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 27x, you may consider...
Analysis Article Jan 08

Be Wary Of Innovana Thinklabs (NSE:INNOVANA) And Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Nov 26

Innovana Thinklabs' (NSE:INNOVANA) Problems Go Beyond Weak Profit

A lackluster earnings announcement from Innovana Thinklabs Limited ( NSE:INNOVANA ) last week didn't sink the stock...
Analysis Article Oct 11

It's A Story Of Risk Vs Reward With Innovana Thinklabs Limited (NSE:INNOVANA)

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 34x, you may consider...
Analysis Article May 22

There May Be Underlying Issues With The Quality Of Innovana Thinklabs' (NSE:INNOVANA) Earnings

Despite announcing strong earnings, Innovana Thinklabs Limited's ( NSE:INNOVANA ) stock was sluggish. We think that the...
Analysis Article May 03

Innovana Thinklabs Limited (NSE:INNOVANA) Doing What It Can To Lift Shares

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 32x, you may consider...
Analysis Article Dec 21

Many Still Looking Away From Innovana Thinklabs Limited (NSE:INNOVANA)

Innovana Thinklabs Limited's ( NSE:INNOVANA ) price-to-earnings (or "P/E") ratio of 25.9x might make it look like a buy...
Analysis Article Aug 30

Should You Be Adding Innovana Thinklabs (NSE:INNOVANA) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Feb 28

Be Wary Of Innovana Thinklabs (NSE:INNOVANA) And Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article Nov 30

The Returns On Capital At Innovana Thinklabs (NSE:INNOVANA) Don't Inspire Confidence

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Jul 07

Innovana Thinklabs (NSE:INNOVANA) May Have Issues Allocating Its Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jun 11

Does Innovana Thinklabs (NSE:INNOVANA) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 30

Here's Why We Think Innovana Thinklabs (NSE:INNOVANA) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Nov 16

Here's What's Concerning About Innovana Thinklabs' (NSE:INNOVANA) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article May 23

Should You Be Adding Innovana Thinklabs (NSE:INNOVANA) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Feb 07

Innovana Thinklabs Limited's (NSE:INNOVANA) Stock Been Rising: Are Strong Financials Guiding The Market?

Innovana Thinklabs' (NSE:INNOVANA) stock is up by 9.8% over the past three months. Given its impressive performance, we...
Analysis Article Jan 03

With EPS Growth And More, Innovana Thinklabs (NSE:INNOVANA) Is Interesting

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Dec 08

A Quick Analysis On Innovana Thinklabs' (NSE:INNOVANA) CEO Compensation

Chandan Garg became the CEO of Innovana Thinklabs Limited ( NSE:INNOVANA ) in 2017, and we think it's a good time to...

Revenue & Expenses Breakdown

How Innovana Thinklabs makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:INNOVANA Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,32338100
31 Dec 251,2634661090
30 Sep 251,2034871090
30 Jun 251,10546900
31 Mar 251,0354411090
31 Dec 249864131120
30 Sep 249554121120
30 Jun 2498141600
31 Mar 241,0084101120
31 Dec 231,052424550
30 Sep 231,034418550
30 Jun 23932335550
31 Mar 23792269550
31 Dec 2264319140
30 Sep 2251611650
30 Jun 2253915980
31 Mar 2257620880
31 Dec 21604221100
30 Sep 21633235130
30 Jun 21599195130
31 Mar 21566156130
31 Dec 20592173130
30 Sep 20618190140
30 Jun 20631204140
31 Mar 20643218140
31 Dec 19624194110
30 Sep 1960517040
30 Jun 1952813840
31 Mar 1945110770
31 Mar 183087630
31 Mar 17155710
31 Mar 1666600

Quality Earnings: INNOVANA has high quality earnings.

Growing Profit Margin: INNOVANA's current net profit margins (28.8%) are lower than last year (42.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: INNOVANA's earnings have grown significantly by 21.3% per year over the past 5 years.

Accelerating Growth: INNOVANA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: INNOVANA had negative earnings growth (-13.6%) over the past year, making it difficult to compare to the Software industry average (4.1%).


Return on Equity

High ROE: INNOVANA's Return on Equity (13.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 14:04
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Innovana Thinklabs Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.